Financial Consultant - Underwriter

Marsh•Conshohocken, PA

84d•$73,600 - $117,500•Hybrid

About The Position

Marsh McLennan Agency East is a leader in the employee benefits marketplace. Our colleagues simplify employee health and welfare benefits and risk management for regional, national, Fortune 500 and Fortune 1000 companies. The primary role of the Financial Consultant is to work with the Account Teams on assigned cases, providing complex financial analysis and utilizing modeling tools to evaluate benefit programs and their impact on overall business objectives, including the management and control of client risks and losses.

Requirements

Bachelor’s Degree in Risk Management, Insurance, Actuary, Mathematics and/or other related field is required or the equivalent work experience
Minimum of 3 year’s experience in the Benefits Brokerage, Consulting or Insurance industry is preferred
Intermediate working knowledge of MS Excel is required (i.e. ability to perform pivot tables, macros, and intermediate formulas)
Effective analytical, math and problem solving skills, sound judgment, strong decision making ability, confidence to make difficult decisions and excellent communication skills
Must be organized, detail oriented and able to translate big picture ideas into client objectives.

Responsibilities

Perform financial, and risk analysis support for internal sales teams and their respective consulting clients
Conduct employee benefit due diligence projects for clients and portfolio companies
Assist account teams with coordination and implementation of employee benefit programs for carve out transactions
Provide the definition of clients’ employee contribution modeling and strategies
Responsible for the evaluation, determination and recommendation of alternative coverage, pricing options, and plan design changes based on economic analysis of available plan elements related to client goals
Perform various reporting for plan change evaluations, budget and reserve calculations, and other on-going reviews
Participate in prospective client data analysis and presentations
Maintain quality service standards and organization to assure timely service to MMA East team
Research and remain abreast of the dynamic, competitive insurance environment, new and complex insurance projects, and constantly changing legislation that governs business.